Corporate & Institutional Banking Development Program Analyst/Associate – Commercial & Corporate Banking (East/Midwest)

PNC • Washington, DC

1d • $39,100 - $126,500 • Onsite

About The Position

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As a Development Program Associate within PNC's Commercial & Corporate Banking organization, you will be based across PNC's footprint. PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position. By joining one of PNC’s Development Programs, you can explore your potential through hands-on experience in a professional environment. This is an excellent opportunity to begin exploring your career goals, in addition to growing your skills in key areas. The goal of PNC’s Development Programs is to move analysts and associates from development roles into production roles in one of PNC’s lines of business. The Commercial & Corporate Banking Development Program is designed to teach you the skills necessary to be a successful banker at PNC. You will be exposed to businesses ranging from $5mm to $1+ billion in revenue, and offer strategic insights and financial solutions for businesses, municipalities, and nonprofits throughout the U.S. Working at PNC means being part of a collaborative, diverse and supportive team, who will be as dedicated to your development as they are to serving our clients. The Commercial & Corporate Banking Development Program is approximately a 24-30–month experience, where you will be exposed to multiple disciplines of banking, enabling you to hone your financial and client-facing skills across many industries and develop deep understanding of PNC’s product suite. You will enter the program as part of a cohort giving you an immediate peer network dispersed throughout the bank and will spend the first few months in a classroom setting gaining knowledge on credit solutions and risk management. Post-classroom learning, you will be exposed to some of the following segments across PNC: Commercial Banking – Serves and advises companies with annual revenues between $5 million and $50 million. Corporate Banking – Serves and advises companies with annual revenue in excess of $50 million. Healthcare– Serves and advises for-profit and not-for-profit healthcare and healthcare related companies. Specialty Industries - Serves and advises businesses and organizations in specific industries such as Food and Beverage, Technology, Chemicals and Plastics, HealthSI, and more. Public Finance – Serves and advises local or major government entities, higher education institutions and not-for-profits. Equipment Finance – Develops customized leases or loans for a client’s various equipment acquisitions including aircraft, vehicles, railcars, machinery, material handling, technology, etc. for all of the various segments listed above. Credit Products Group – Structures loans, underwrites transactions, and manages a loan portfolio for various segments including Corporate Banking, Diversified Industries Group, Public Finance, Financial Institutions Group, etc. You will not only support a variety of businesses at PNC but may also have the opportunity to relocate upon successful completion of your program to support our growing national franchise. While in the development program, you will cover and support a specific region and will sit in one of the PNC’s hub locations, which may include but are not limited to: Atlanta, GA, Chicago, IL, Cincinnati, OH, Cleveland, OH Dallas, TX, Denver, CO, East Brunswick, NJ, Houston, TX, Irvine, CA, Philadelphia, PA, Phoenix, AZ, Pittsburgh, PA, Troy, MI, and Washington DC At the end of the program, you may have the opportunity to be placed full-time in PNC’s Commercial or Corporate Bank while continuing to develop your skills under proven leadership.

Requirements

• Preferred business relevant majors (e.g., Finance, Accounting, IT, Economics, Marketing, Mathematics, Statistics, HR, Management, Communications, Business Law, Psychology, Logistics, Engineering, Computer Science, Actuarial Sciences)
• Minimum GPA 3.2.
• Roles at this level are filled by recent university / college graduates with little or no professional experience but possessing relevant skills.
• Includes individuals joining the organization through a corporate development/training program.

Responsibilities

• Participates as an analyst/associate in the line of business development program.
• Performs or assists the core activities of the group by applying knowledge learned to drive business results (e.g., deal, sales, process support, internal or external customer interaction, or supporting internal projects).
• Works under supervision and may have limited approval and/or exception authority.
• Participates in social learning within the organization (e.g., identifies and networks with business representatives and peers, participates in mentoring, job shadowing and community outreach).
• Participates in formal learning (e.g., classroom, web-based or virtual) and completes related activities and projects.
• Supports the internal and external customer experience by providing excellent service at all times; takes accountability and ensures problem resolution.

Benefits

• PNC offers a comprehensive range of benefits to help meet your needs now and in the future.
• Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.
• In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 9 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.
• To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level